In its income statement for the year ended December 31, 2017 Wildhorse Co. reported the following condensed data. Salaries and wages expenses Cost of goods sold Interest expense Interest revenue Depreciation expense $465,000 945,000 66,000 71.000 320,000 Loss on disposal of plant assets Sales revenue Income tax expense Sales discounts Utilities expense $83,000 2.250,000 25,000 150,000 120,000 Prepare a multiple-step income statement. (List other revenues before other expenses.) WILDHORSE CO. Income Statement $ For the Year Ended December 31, 2017 December 31, 2017 For the Month Ended December 31, 2017 $ $ I TIPLUUM $ e Textbook and Media List of Accounts Calculate the profit margin and gross proht rate. (Round answers to decimal places, c. 15%) Profit margin Gross proftrate 11:25 PM